Attention Fast Draft users! Any changes made to the contacts in your Address Books on Sunday 11 December will not be saved. The contents of your Address Books will be available as usual when the new Fast Draft is live on Monday 12 December.
This note outlines the FCA and PRA's rules and guidance on outsourcing and also considers the regulators' requirements regarding third party processors and outsourcing by recognised bodies. An overview of EU and international guidance in relation to outsourcing in the financial services sector is included as well.